Twin deficits in credit-rationed economics by Heather D. Gibson

Cover of: Twin deficits in credit-rationed economics | Heather D. Gibson

Published by University of Canterbury at Kent in Canterbury .

Written in English

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Edition Notes

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StatementHeather D. Gibson,YiannisStournaras and Euclid Tsakalotos.
SeriesStudies in economics / University of Kent at Canterbury -- no.92/9
ContributionsStournaras, Yiannis., Tsakalotos, Euclid., University of Kent at Canterbury.
ID Numbers
Open LibraryOL13907553M

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'Between \\' 'Twin deficits in credit-rationed. We use a by now “ancient” book, P. KRUGMAN, M. OBSTFELD, International Economics – Theory uncertainty or credit rationed poor individuals - Permanent income (FRIEDMAN) for calm, above is zero, then twin deficits: The current account deficit equals the budget deficit (Frequently US!) 23 Historically for first time.

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It is of course possible that A > I, The much discussed “global savings glut” could be seen as a manifestation of these twin.

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